£108,083
This estimated value is based upon the latest sale price for the house of £30,000 on 20 Dec 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £30,000 | 20 Dec 2000 |
| Flats/Maisonettes |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in December 2000 the House Price Index for TYNE AND WEAR was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £30,000 results in an estimated price of approximately £108,083.
| 20 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.6 | 260.280 % | £30,000 | £78,083 | £108,083 |
The Postcode Pricing Model uses changes in average sales price within the NE4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 323.269 % | £96,980 | £126,980 |
| 3 Month Average | 278.214 % | £83,464 | £113,464 |
| 6 Month Average | 291.252 % | £87,375 | £117,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £195,000 | £195,000 | 120 SUTHERLAND AVENUE |
| 8 Dec 2023 | £181,170 | £178,000 | 8 OLIVER AVENUE |
| 25 Apr 2023 | £195,101 | £193,000 | 138 SUTHERLAND AVENUE |
| 24 Feb 2023 | £109,926 | £110,000 | 68 SEVERUS ROAD |
| 30 Jun 2022 | £81,147 | £80,000 | 82 SEVERUS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hall Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Severus Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Severus Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Severus Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Gowland Avenue |